TOKYO, June 15 Mitsubishi Motors Corp
is considering boosting output capacity in Indonesia and
possibly building a new plant there to capitalise on brisk
demand in emerging Asian economies.
"It is true that we are considering strengthening our
operations in Indonesia, but nothing has been decided as of
now," a company spokesman said on Saturday.
A Nikkei business daily report said the automaker, along
with trader Mitsubishi Corp and local partners, plans
to build a new Indonesia plant by around March 2017, with
investment totalling at about 40 billion yen ($422.90 million).
The spokesman said Mitsubishi, the maker of Triton pickups,
the Outlander Sport SUV and i-MiEV electric car, aims to post a
net profit of 100 billion yen ($1.06 billion) by the year ending
If it were to build a new plant, that would have an annual
production capacity of 100,000 vehicles, he added.
For the current business year to March 2014, Japan's
7th-largest carmaker expects a net profit of 50 billion yen.
($1 = 94.5850 Japanese yen)
(Reporting Yoko Kubota, writing by Kiyoshi Takenaka; Editing by